Job Description

Job Summary:

We are looking for an experienced

Chit Fund Expert

to spearhead the establishment and growth of a professional chit fund company modeled on leading players like

Gokulam Chit Funds

and s

imilar

. The ideal candidate will have in-depth knowledge of chit fund operations, regulatory compliance, financial products, and customer acquisition strategies to build a strong and trustworthy brand across South Indian markets.

Key Responsibilities:

Business Setup & Expansion:

Develop strategies to launch chit fund branches in target cities across South India.

Regulatory Compliance:

Ensure full adherence to state-specific chit fund regulations and legal frameworks.

Product Design & Pricing:

Create attractive chit schemes suitable for various income segments.

Customer Acquisition & Retention:

Build and implement marketing plans to acquire customers and ensure long-term relationships.

Team Building:

Recruit, train, and manage a team for operations, collections, and customer support.

Financial Management:

Oversee fund collection, auction processes, and payout cycles for transparency and profitability.

Risk Management:

Implement systems to reduce defaults and enhance customer trust.

Brand Development:

Position the company as a trustworthy and customer-centric chit fund provider.

Required Skills & Qualifications:

Proven experience (5+ years) in

chit fund operations, NBFC, or financial services

with leadership roles. Thorough knowledge of

Chit Funds Act, 1982

and relevant state rules. Strong network in South Indian financial markets and local communities. Excellent skills in

marketing, customer relationship, and compliance

. Ability to manage

branch operations, sales teams, and financial planning

. Proficiency in regional languages (Tamil, Malayalam, Hindi) is a plus.

Preferred Background:

Previous experience in companies like

Gokulam Chits

, or similar institutions. MBA/Finance or related qualification is desirable.

Salary & Benefits:

Competitive salary with

performance-based incentives

. Opportunity to lead a rapidly growing financial services brand.
Job Types: Full-time, Permanent

Pay: ₹205,087.82 - ₹1,043,049.14 per year

Work Location: In person